TrueAdvisor
TrueAdvisor
BH
BH

Berkley Hanks

LPL Financial LLC
33 Years of Experience
Sandy, UT
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Berkley Hanks is a registered investment advisor at LPL Financial LLC, based in Sandy, UT, with 33 years of industry experience. Berkley is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

8899 S 700 E Ste 225, Sandy, UT, 84070-1825

Get directions

History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
May 2003
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Berkley has several DBAs for his LPL business and a business entity for tax/investment purposes. He also spends a minimal amount of time soliciting non-variable insurance and researching estate/insurance plans.

Employment History
Current Registrations
LPL Financial LLC
May 2007 - Present · 19 yrs 5 mos
LPL Financial LLCBroker
May 2007 - Present · 19 yrs 5 mos
Previous Registrations
Apa Financial Group, LLC
August 2007 - May 2012 · 4 yrs 9 mos
MML Investors Services, INC.
May 2000 - May 2007 · 7 yrs
MML Investors Services, INC.Broker
July 1993 - May 2007 · 13 yrs 10 mos
State Registrations22 states
AZCACOFLIAIDINKSLAMNMOMTNJNVNYOHORTXUTVAWAWY
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
More Advisors
More financial advisors in Sandy, UT →All financial advisors in Utah →